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Bitcoin is ‘playing mind games’ as its price coils into a tighter range


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559698bc836be4174c42841b3c473303Cryptocurrency1 hour ago (Sep 18, 2021 03:00AM ET)


Bitcoin is ‘playing mind games’ as its price coils into a tighter range

The general mood across the cryptocurrency market is one of anticipation on Sept. 17 as the price of has traded in an increasingly tighter range over the past couple of days and looks to be coiling in preparation for a move one way or another.

Data from Cointelegraph Markets Pro and TradingView shows that the price of Bitcoin (BTC) has oscillated between $47,150 and $48,150 in trading on Friday as the lack of any major developments or headline-grabbing stories has led to a relatively flat day in the markets.

1-day chart. Source: TradingView
Fear & Greed index and 7-day moving average. Source: Delphi Digital

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